New Home Owners And Snagging Forum
Advice on buying a brand new home => House Builders => Persimmon Homes => Topic started by: The Prophet on January 11, 2012, 12:05:47 pm
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On 9th January 2012 Persimmon issued a trading update that confirmed they expect to complete 9,360 new homes in the year to 31 December 2011.
The official annual results are published on 28 February 2012.
Turnover for the year is expected to be £153 billion with profit margin of 10% and an underlying profit expected to be £130 - £148million.
The average selling price fell to £164,000 as a result of the company building more lower-priced first-time buyer homes.
The land bank under control is currently 62,500 plots.